Do you have Clients that are buying/selling restaurants? Glenn D. Wright of the Wright Law Firm, PC, will be a panelist at the New York Society of Certified Public Accountants (NYSSCPA) Hospitality & Restaurant Committee Breakfast Technical Session 2016 on January 5, 2017, at 8:30 a.m.
The seminar’s target audiences are legal, financial, and accounting professionals advising clients on all aspects of buying/selling restaurants. Certified Public Accountants seeking Specialized Knowledge (NYSED) / Specialized Knowledge (NASBA) credit should attend, as well as transactional attorneys or restaurateurs interested in the intricacies and potential minefields inherent in this deal.
Topics to be covered include:
Necessary Due Diligence on Seller
Due Diligence when Buying a Restaurant that does not currently have a Liquor License
Due Diligence as to the Premises
Due Diligence as to Lease Assignment
Key Provisions in Contract of Sale when buying/selling restaurants
Liquor License Contingency Clauses
What permits can be transferred to the Buyer
Seller’s Non-Compete Clause when b
All Cash Sale or Seller Financed?
Stock Transfer vs. Purchase of Assets; two ways of buying/selling restaurants
To register: visit http://www.nysscpa.org
